Towergate and Join Forces

Wednesday, December 15, 2010

LONDON, December 16, 2010 - Towergate Insurance announced today that it has won a long-term contract
with leading price comparison website, ( to provide insurance to their SME

The deal provides Towergate with leads for SME business from for lines including Commercial package, Liability,
Commercial & Let Property, Restaurants, Surgeries and Offices.

Business will be handled by Towergate's specialist commercial unit, Your
Insurance, under Managing Director Robert Rees, who has ambitious growth

The deal is in line with significant investment by Towergate Insurance to
enhance its capability to deal with high volume VSME business. Developments
include a bespoke market leading e-technology solution, a pro-active contact
centre to support customers through the buying and servicing process and
increased insurer panel products backed up by the comprehensive underwriting
footprint of Towergate.

Towergate Group Deputy CEO, Amanda Blanc, commented:

"This is an exciting step in moving forwards with a very clear and
defined VSME strategy based on ambitions to reach a GWP target of GBP100m in
this space over the next few years. Buyer behaviour and distribution is ever
changing and we like to set the trend. We believe this deal will illustrate
that technology and other perceived threats to brokers can be embraced. Our
pro-active contact centre will bring personal broking service to an online

Jeremy Moll, Commercial Director for, said, "By
working with Towergate Insurance, we are confident that our SME customers
will be given a buying experience in line with our own high expectations,
providing choice, flexibility and great customer service."

YOUR Insurance are small to medium-sized business insurance experts
providing insurance policies via a panel of market leading insurers such as
NIG, Towergate, Zurich, Fortis, Groupama and LV=. Policies cover over 500
trade professions including electricians, plumbers, carpenters and driving
instructors through to niche professions such as tree surgeons.

YOUR Insurance is part of Towergate Underwriting Group Limited, Europe's
largest independently owned insurance broker. Towergate has access to a range
of over 200 specialist insurance products - the widest in the UK market.

    - was launched in 2006 as a cheap car
    insurance ( comparison site, offering
    customers a wide range of competitively priced insurance quotes
    instantly online. It is now one of the UK's leading price comparison

    - As well as insurance, now also offers
    comparisons on credit cards, loans, current accounts and savings

    - actively selects its brand partners to
    ensure quality service to consumers.

Simon Walsh - +44(0)20-7861-3184 - Swalsh at, Penny Mairoudhiou - +44(0)20-7861-3176 - Pmairoudhiou at

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